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Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’

Summary by Cointelegraph
Bitcoin halts its latest BTC price downside into the weekly close with the new target above $108,300.
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Bitcoin Weekly Close over $108K confirmed: Bulls have the leadThe last weekly candle of $Bitcoin closed clearly above the crucial $108,000 mark – a strong signal for the market: The cops are back. This zone has served as psychological and technical support in recent weeks. The conclusion shows that buyers continue to dominate and absorb sales pressure.BTC/USD chart over the past day - TradingViewThe chart shows higher lows, a classic sign of upc…

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Cointelegraph broke the news in on Sunday, October 19, 2025.
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